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BarkerGilmore: Median public-company CCO earns $400,000+ in salary, bonus & long-term incentives
Chief compliance officers at private companies saw a decline in their compensation over the past year, while those at public companies and nonprofits both saw their earnings rise, according to a survey by executive search firm BarkerGilmore.
Factoring in salary, bonuses and long-term incentives, BarkerGilmore said the average CCO at a public company saw their compensation rise 7% to $419,000, while those at nonprofits saw the biggest increase, a 12% bump to $250,000. Those at private companies had a 1% decline to just under $300,000, the report found.
While median compensation rose across sectors, increases were lower than in past years, the report found. Across seven industry categories, only CCOs in the financial services sector saw their salary increases keep pace with the previous year. Professionals in the manufacturing and industrial sector experienced the biggest wage slowdown with a rate of compensation increase of only 2%, down from 7% the previous year.
Economic uncertainty and a post-Covid budgetary picture…
